DSP Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
DSP Flexi Cap Fund Direct Growth

About the Fund

DSP Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Atul Bhole. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Flexi Cap Fund Direct Growth has ₹11391 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

DSP Flexi Cap Fund Direct Growth has given a CAGR return of 16.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.94%, 17.62% and 22.53% respectively.

Holdings

DSP Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Tech, Consumer Defensive, Health, Energy, Communication, Utilities. Its top holdings are Bajaj Finance Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Samvardhana Motherson International Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of DSP Flexi Cap Fund Direct Growth

The primary investment objective of the Scheme is to seek to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6749 people have invested ₹ 2.4Cr in DSP Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
9
/18
39% Performance
31% Risk Management
70% Cost
9 out of 18 among flexi cap
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category
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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.71%
Benchmark
S&P BSE 500 India TR INR
AUM₹11391 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
28.98%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Large cap
52.3%
Mid cap
27.7%
Small cap
18.5%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
33.9%
Consumer Cyclical
13.4%
Industrial
13.4%
Basic Materials
10%
Tech
8.7%
Consumer Defensive
7%
Health
6.7%
Energy
2.8%
Communication
2.6%
Utilities
1.4%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Bajaj Finance Ltd
Bajaj Finance Ltd
6.1%
0%
ICICI Bank Ltd
ICICI Bank Ltd
5.59%
10.2%
HDFC Bank Ltd
HDFC Bank Ltd
5.32%
0%
Axis Bank Ltd
Axis Bank Ltd
4.45%
12.8%
Samvardhana Motherson International Ltd
Samvardhana Motherson International Ltd
4.08%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP Flexi Cap Fund Direct Growth
DSP Flexi Cap Fund Direct Growth
36.9%
17.6%
22.5%
16.9%
JM Flexicap Fund (Direct) Growth Option
JM Flexicap Fund (Direct) Growth Option
65.4%
32.8%
28.6%
20.4%
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
63.8%
26.8%
-
38.6%
Quant Flexi Cap Fund Growth Option Direct Plan
Quant Flexi Cap Fund Growth Option Direct Plan
59.3%
27%
35.5%
22.2%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Suven Pharmaceuticals Ltd
Suven Pharmaceuticals Ltd
21.2%
Infosys Ltd
Infosys Ltd
18.6%
Samvardhana Motherson International Ltd
1%

Atul Bhole
Atul Bhole
Fund Manager of DSP Flexi Cap Fund Direct Growth, since 1 June 2016
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Equity & Bond Fund Direct Plan Growth
14.94%
16.29%
DSP Dynamic Asset Allocation Fund Direct Growth
11.08%
12.7%
DSP Flexi Cap Fund Direct Plan Growth
17.62%
18.68%

Mutual Fund Insights

Insights icon
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.5% return, outperforming this fund by 12.97% per annum.
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This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1.15%.
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Over the last 15 months, this fund has decreased expense ratio by 6.6% moving from 0.76 to 0.71.
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In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 65.45% return, outperforming this fund by 28.51%.
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Over the last 3 months, this fund has experienced a 14.2% growth in AUM moving from 9.97K Cr to 11.39K Cr.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 32.78% return, outperforming this fund by 15.16% per annum.

DSP Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.9% since inception which is less than its category average return of 21.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.56% in Equity, 0% in Debt and 1.44% in Cash related instruments
AUM size ₹11391 Cr

AUM size ₹11391 Cr

This fund has AUM of ₹11391 Cr which is more than its category average of ₹ 8258 Cr
Expense Ratio 0.71%

Expense Ratio 0.71%

This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions

The current NAV of DSP Flexi Cap Fund Direct Growth is ₹109.99 as on 23-Jul-2024.
Existing (Absolute + CAGR) as on 23-Jul-2024.
DSP Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.67%
2.67%
6 Month Returns
21.29%
21.29%
1 Year Returns
36.94%
36.94%
3 Years Returns
62.73%
17.62%
5 Years Returns
176.18%
22.53%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.71% as on June 2024
₹11391 Cr as on June 2024
Bajaj Finance Ltd(6.1%), ICICI Bank Ltd(5.59%), HDFC Bank Ltd(5.32%), Axis Bank Ltd(4.45%), Samvardhana Motherson International Ltd(4.08%) as on June 2024
Financial Services(33.41%), Consumer Cyclical(13.22%), Industrial(13.19%) as on June 2024
The alpha ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Flexi Cap Fund Direct Growth
0.31
-0.96
1.55
As on June 2024
The alpha for DSP Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Flexi Cap Fund Direct Growth
1
0.98
0.96
As on June 2024
The Beta for DSP Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Flexi Cap Fund Direct Growth
2.2
0.89
0.83
As on June 2024
The sharpe ratio for DSP Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Flexi Cap Fund Direct Growth
12.31
14
19.24
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.72 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Atul Bhole is the fund manager of DSP Flexi Cap Fund Direct Growth
The Exit load of DSP Flexi Cap Fund Direct Growth is 1%